Korean tech giant Samsung launched its digital lending platform called Samsung Finance+ in India on Thursday, Sept 26. According to a report from Reuters, the financing product was engineered to help boost Galaxy smartphone sales in the South Asian...
Freedom Mortgage Corporation, a full-service non-bank mortgage giant, has announced it has entered into a definitive agreement to acquire J.G. Wentworth Home Lending, a subsidiary of J.G. Wentworth Company, which specializes in home mortgage lending.
According to a report from...
In the move to crackdown harmful lending practices of high-interest loans, Google has shut down payday loan apps on Play Store.
According to the Wall Street Journal, Google is tracking down the ‘deceptive or harmful’ loans with annual percentage rates...
On Sunday, June 27, 2021, HSBC stated that they are pledging $5 billion in financing to "outstanding" firms in the United Arab Emirates to assist fuel the Gulf country's growth goals.
The UAE's economy struggled in 2020 when important industries...
Max’s Group Inc. announced last Tuesday, November 19, 2019, its successful loan agreement with the Development Bank of the Philippines (DBP). The total loan amount secured by MGI amounts to P2 billion, including the term loan signed by its...
Phoenix, one of the largest cryptocurrency market platforms in the world, announced on Thursday, June 6, that lenders in its bitcoin margin lending pool lost around 1800 BTC, which is roughly around $13.5 million at current market prices, due...
The central bank of Japan is set to pattern its own lending program after the United States Federal Reserve’s very own “Main Street” lending approach. According to Reuters, this move by the Bank of Japan aims to funnel in...
HSBC, one of the leading global lenders, offers a loan providing borrowers personal line of credit of up to $25,000. While the banking giant might not have a personal loan product, it is providing an unsecured line of credit...
Digital lending platform Sezzle recently agreed to pay a fine of $28,200 and refund a total of $282,000 in exchange for a license to operate in California, said PYMNTS. This comes after the company decided to be monitored by...
The People's Bank of China introduced a key interest rate reform on Saturday, Aug 18, which aims to lower the financing costs of businesses amid ongoing economic slowdown brought by a trade war with the United States.
Under the new arrangement,...
